RNS

REG-International Ferro Notice of AGM

Released: 20/10/2009

http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20091020:RnsT0028B
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RNS Number : 0028B  
  
International Ferro Metals Limited  
  
20 October 2009  
  
INTERNATIONAL FERRO METALS LIMITED  
  
(ACN 099 355 790)  
  
("the Company")  
  
Notice of Annual General Meeting of Shareholders  
  
To be held at:  
  
Level 27, AMP Centre, 50 Bridge Street, Sydney, NSW, 2000  
  
On:  
  
Thursday, 12 November 2009 at 10:00am (Sydney time)  
  
On 16 October, notice was given to International Ferro Metals Limited 
shareholders of the Company's annual general meeting (the "Meeting") to be held 
on Thursday, 12 November 2009 at 10:00 am (Sydney time) at Level 27, AMP Centre, 
50 Bridge Street, Sydney, NSW, 2000. The purpose of the Meeting is to consider, 
and if thought fit, to pass with or without modification the following 
resolutions. Resolutions 1 to 4 will be proposed as ordinary resolutions and 
resolution 5 and 6 will be proposed as special resolutions.  
  
1.  REPORTS AND ACCOUNTS  
  
To receive the Financial Statements and the Reports of the Directors and 
Independent Auditor for the financial year ended 30 June 2009.  
  
2.   
  
ORDINARY RESOLUTION 1  
  
      Remuneration Report  
  
"That Remuneration Report contained in the Financial Statements for the 
financial year ended 30 June 2009 is adopted."  
  
Note - the vote on this resolution is advisory only and does not bind the 
Directors or the Company.  
  
3.  ORDINARY RESOLUTION 2  
  
Re-election of Director  
  
"That, in accordance with clause 21.3 of the Constitution of the Company, Mr 
Stephen Turner retires by rotation, and being eligible, is re-elected as a 
Director of the Company".  
  
4.  ORDINARY RESOLUTION 3  
  
Re-election of Director  
  
"That, in accordance with clause 21.3 of the Constitution of the Company, Mr 
Stephen Oke retires by rotation, and being eligible, is re-elected as a Director 
of the Company".  
  
5.  ORDINARY RESOLUTION 4  
  
Re-election of Director  
  
"That, in accordance with clause 21.3 of the Constitution of the Company, Mr Ian 
Watson retires by rotation, and being eligible, is re-elected as a Director of 
the Company".  
  
6.  SPECIAL RESOLUTION 5  
  
      Amendment to Constitution  
  
"That clause 3.7 of the Company's Constitution be amended by reducing the period 
in which a pre-emption offer may be accepted by Shareholders from 21 days to 14 
days."  
  
7.  SPECIAL RESOLUTION 6  
  
Disapplication of pre-emption rights  
  
"That the Directors be and are hereby authorised to allot equity securities for 
cash in accordance with new clause 3 of the Company's Constitution provided that 
such powers shall be limited to the allotment of up to 55,400,805 equity 
securities (such authority to expire at the conclusion of the next Annual 
General Meeting of the Company or, if earlier, 30 November 2010). The foregoing 
power shall allow and enable the Directors to make an offer or agreement before 
the expiry of that power which would or might require securities to be allotted 
after such expiry as if the power conferred hereby had not expired."  
  
EXPLANATORY MEMORANDUM  
  
The Company's shareholders should read the Explanatory Memorandum accompanying 
the Notice of Annual General Meeting for more details on the resolutions to be 
considered at the Annual General Meeting.  
  
VOTING BY PROXY  
  
Each shareholder entitled to attend and vote at the annual general meeting, may 
appoint one or more proxies to attend, speak and vote in his/her stead. A proxy 
need not be a shareholder. A shareholder who is entitled to cast 2 or more votes 
may appoint 2 proxies and may specify the proportion or number of votes each 
proxy is appointed to exercise. If the shareholder does not specify the 
proportion or number of votes to be exercised, each proxy may exercise half of 
the shareholder's votes.  
  
A proxy form is attached to the Notice of Annual General Meeting for the 
convenience of any shareholder who cannot attend the annual general meeting. It 
should be properly completed and in order to be effective must be lodged, 
together with the authority (if any) under which it is signed, at the Company's 
registered office at Level 11, 151 Macquarie Street, Sydney, NSW, 2000 by no 
later than 10:00 am on Tuesday, 10 November 2009 (Sydney time). The proxy can 
also be lodged by fax on +61 2 8298 2060. A shareholder who completes and lodges 
a form of proxy will nevertheless be entitled to attend and vote in person at 
the general meeting should he/she subsequently decide to do so.  
  
For more information please visit the Company's website, www.ifml.com or 
contact:  
  
International Ferro Metals Limited  
  
Wayne Kernaghan, Company Secretary  
  
Mob: +61 (0) 407233153  
  
 
This information is provided by RNS  
  
The company news service from the London Stock Exchange  
  
  END  
  
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